"No one knows what tomorrow will bring" What we know for fact is that market movements can follow patterns and are often predictable by both fundamental technical analysis
methods as the old saying " One step forward 2 steps backward. Bitcoin
is and has been very volatile instrument and requires a lot of studies before one acts or opens position based on his/her direction bias. After an impulsive downward correction from all time high, there was one primary wave completed which suggested to expect flat or sideways moves that is what has happened. Since price bounced from April lows, it held its ground. So far the price did not breakout either upside or downside since April lows, its very common to see some stiff resistance at and around 633 area. Volume
decline early June, and picked up end of July which is an indication that price will soon resume its direction. We are now in wave-3 of intermediate cycle this cycle predicts a price target of $773 area its 30% from yesterday's close. We will take a long position once price moves above $600 with a strong volume
. Both 3-EMA and 25% suggest $605 is the best trigger for long.